{
  "schema_version": "1.0",
  "date": "2026-08-11",
  "generated_at": "2026-08-12T14:18:27Z",
  "as_of_session": "2026-08-11 close",
  "archive_note": "Historical daily archive. Crypto and meme beta use CoinGecko UTC close-to-close changes for 2026-08-11; weekly Fed/Treasury and global liquidity context uses the 2026-08-07 Friday report where applicable.",
  "source": "XPOWERFLOW",
  "signal": {
    "urli": 41.25,
    "projected_urli": -3.5,
    "bias": "bullish",
    "confidence": "medium",
    "read": "Bullish liquidity backdrop",
    "gmlci": 27.0
  },
  "tanks": [
    {
      "id": "tga",
      "label": "TGA",
      "value_usd": 929325000000,
      "delta_7d_usd": -41117000000,
      "level_pct": 88.8,
      "last_week_pct": 94.7,
      "avg_1m_pct": 82.1,
      "avg_3m_pct": 77.1,
      "liquidity_effect": "add",
      "as_of": "2026-08-07",
      "cadence": "weekly H.4.1/FRED"
    },
    {
      "id": "fed_balance_sheet",
      "label": "Fed B/S",
      "value_usd": 6748567000000,
      "delta_7d_usd": 10377000000,
      "level_pct": 100,
      "last_week_pct": 95.1,
      "avg_1m_pct": 98.0,
      "avg_3m_pct": 91.4,
      "liquidity_effect": "add",
      "as_of": "2026-08-07",
      "cadence": "weekly H.4.1/FRED"
    },
    {
      "id": "bank_reserves",
      "label": "Bank reserves",
      "value_usd": 3002731000000,
      "delta_7d_usd": 58190000000,
      "level_pct": 32.0,
      "last_week_pct": 21.3,
      "avg_1m_pct": 36.6,
      "avg_3m_pct": 40.8,
      "liquidity_effect": "add",
      "as_of": "2026-08-07",
      "cadence": "weekly H.4.1/FRED"
    },
    {
      "id": "rrp",
      "label": "RRP",
      "value_usd": 319368000000,
      "delta_7d_usd": -17683000000,
      "level_pct": 5.6,
      "last_week_pct": 11.0,
      "avg_1m_pct": 12.1,
      "avg_3m_pct": 9.9,
      "liquidity_effect": "add",
      "as_of": "2026-08-07",
      "cadence": "weekly H.4.1/FRED"
    }
  ],
  "flow_nodes": [
    {
      "id": "us_net_cash",
      "label": "US Net Cash",
      "value_label": "+69.2B",
      "sub": "Fed assets − TGA − RRP",
      "level_pct": 49.2,
      "last_week_pct": 36.3,
      "avg_3m_pct": 58.3,
      "liquidity_effect": "add",
      "cadence": "weekly H.4.1/FRED",
      "as_of": "2026-08-07",
      "calibrating": false
    },
    {
      "id": "risk_assets",
      "label": "Risk Assets",
      "value_label": "URLI +41.2",
      "sub": "Bullish liquidity backdrop",
      "level_pct": 80.0,
      "last_week_pct": 5.0,
      "avg_3m_pct": 48.9,
      "liquidity_effect": "add",
      "cadence": "weekly URLI-Core %ile",
      "as_of": "2026-08-07",
      "calibrating": false
    },
    {
      "id": "crypto_beta",
      "label": "Crypto Beta",
      "value_label": "$2.27T",
      "sub": "Total crypto market cap",
      "level_pct": 65.9,
      "last_week_pct": 70.8,
      "avg_3m_pct": 62.5,
      "liquidity_effect": "add",
      "cadence": "daily CoinGecko",
      "as_of": "2026-08-12",
      "calibrating": false
    },
    {
      "id": "meme_beta",
      "label": "Meme Beta",
      "value_label": "$25B",
      "sub": "Meme-token market cap",
      "level_pct": 16.3,
      "last_week_pct": 24.7,
      "avg_3m_pct": 27.9,
      "liquidity_effect": "drain",
      "cadence": "daily CoinGecko",
      "as_of": "2026-08-12",
      "calibrating": false
    }
  ],
  "daily_macro": {
    "date": "2026-08-11",
    "cadence": "daily",
    "tga_usd": null,
    "rrp_usd": 1250000000.0,
    "tga_change_d_usd": null,
    "rrp_change_d_usd": 275000000.0,
    "tga_change_d_bil": null,
    "rrp_change_d_bil": 0.275,
    "source": "Daily TGA/RRP cache",
    "available": true
  },
  "crypto_as_of": "2026-08-12",
  "crypto_stale": false,
  "crypto_change_basis": "completed UTC session (open-to-open)",
  "crypto_24h": {
    "btc": 0.352,
    "eth": 1.087,
    "sol": -0.07
  },
  "crypto_impact_index_24h": 0.448,
  "crypto_impact_weights": {
    "btc": 0.824,
    "eth": 0.1475,
    "sol": 0.0285
  },
  "crypto_impact_method": "BTC/ETH/SOL dominance-weighted completed UTC session (open-to-open)",
  "meme_beta_24h": {
    "doge": -2.251,
    "shib": 0.216,
    "pepe": -0.368,
    "bonk": -3.211,
    "pengu": -0.613
  },
  "meme_beta_index_24h": -1.245,
  "meme_beta_method": "Equal-weight completed UTC session (open-to-open) across DOGE/SHIB/PEPE/BONK/PENGU",
  "events": [],
  "read_through": {
    "liquidity_signal": "bullish",
    "price_action_24h": "neutral",
    "state": "mixed",
    "endogenous_offset": null,
    "auto_explanation": null,
    "note": null
  },
  "summary_plain": "URLI is +41.25 (Bullish liquidity backdrop); projected URLI is -3.50 next week. Daily TGA TBD; daily RRP +$275M."
}